I don't have a hour meter but I use the boat a lot it really doesn't owe me anything.
Mercruiser oil every fall
Most of my cruising is done at 3000 to 3500 RPM
By GPS I put about 2500 miles a year on the boat.
I wouldn't be surprised if the bearings and oil pump are just worn out.
I think a new 350 mag would be nice.
A new boat would be nicer.
Gee come to think of it a little oil pressure would be nice.
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